01:22 PM EDT, 08/16/2024 (MT Newswires) -- Walmart ( WMT ) and Home Depot ( HD ) were both sued Thursday in a federal court in Texas by Convergent Assets for patent infringement.

Convergent Assets alleges that retailers have infringed on its patented method of developing targeted content for a user based on that user's social-networking activities.

Walmart ( WMT ), Home Depot ( HD ), and Convergent did not immediately respond to requests for comment from MT Newswires.

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